Clarion Partners buys apartment building in Fremont, Calif.

Danville, Calif.-based developer Blake|Griggs Properties and its investment partner, JD Capital USA, have sold of its Artist Walk apartment community across from the Fremont ACE train station in Fremont, Calif., to Clarion Partners.  

Terms were undisclosed.

Lily Mei, mayor of the City of Fremont, said "The Artist Walk project has been a catalyst for the revitalization of Fremont's Centerville district and truly meets the City's vision of adding transit-oriented, walkable urban living supported by fantastic retail amenities.”

The fully-leased 185-unit apartment property is approximately 30 minutes by train from Silicon Valley employers and features amenities including a pedestrian-oriented public courtyard, water-feature fountain and a 1,900-square-foot pr